Linearity and Stationarity of South Asian Real Exchange Rates

Venus Khim-Sen Liew (), Hock-Ann Lee (), Kian-Ping Lim and Huay-Huay Lee

The IUP Journal of Applied Economics, 2008, vol. VII, issue 5, pages 48-58

Abstract: : In this paper, the linearity and stationarity of the real exchange rates of India, Nepal, Pakistan and Sri Lanka are investigated using formal linearity and the recently developed nonlinear stationary test procedures. Results obtained show that these real exchange rates are stationary despite the presence of nonlinearity. This finding suggests that, it is possible to monitor and forecast the behavior of these nominal exchange rates, as well as to determine their equilibrium values using the corresponding relative prices.

Date: 2008

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Linearity and stationarity of South Asian real exchange rates (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:icf:icfjae:v:07:y:2008:i:5:p:48-58

Access Statistics for this article

More articles in The IUP Journal of Applied Economics from Icfai Press
Series data maintained by Prof. Venkata Seshaih ().